Ellaby Pollard was established in 1979, operating as a firm of Independent Financial Advisers.

Since then we have enjoyed steady and continuous growth by meeting the needs of a variety of clients and remaining truly independent in both name and spirit. Ellaby Pollard has an enviable reputation for providing high quality...

As an advisory business providing whole of market independent advice to clients, we firstly need to gain a broad background of your financial circumstances and also understand your financial requirements and the type and complexity of financial advice that you might need. In order to do this we need to have an initial exploratory discussion with you...

Many people have goals and dreams, but a goal without a plan is just a wish... an achievable goal is a dream with a deadline...

Here's how we formulate the plan towards your goals: We meet together to discuss your personal circumstancesand your current financial situation. We'll go into detail so that we can draw up a complete picture of where...

Professional Financial Planning is the process which aims to help you realise your ambitions - whatever they may be. As professional financial advisers we can help you make informed decisions about your financial future...

You will almost certainly have plans of one kind or another - buying a home, starting a family, living abroad, perhaps retiring...

When you retire you still need food and shelter as an absolute minimum, but of course you will want to maintain the lifestyle to which you have become accustomed, so unless you can guarantee a large inheritance or windfall, then you need to provide yourself with a secure income for the rest of your life.

Inheritance tax (IHT) is perhaps not quite the ‘voluntary’ tax it was once considered. However, careful planning to ensure you take advantage of all the allowances and reliefs available could save your family a significant tax burden relatively easily.

We believe you should be able to spend time in your business doing what you do best. We know you can worry about company financial planning issues so, passing these concerns to us, enables us to use our skills to...

Owner managers and directors face very specific issues. No matter what stage you are at – just starting out...

Often, people save for a specific reason and it's usually the safest way to build up a pot of money. It’s less risky than investing, but it offers limited growth. The most you'll earn on the money you save is the interest added.

Saving is perfect for people who don’t want to take any risks with their money, and most savings accounts have easy access...

Most of us face being taxed on our income, our capital gains, and in some circumstances the value of our estate when we die.

Taxation can be very complicated and the rules, reliefs and allowances often change, so it is worth obtaining a clear grasp of how these taxes work by discussing with a professional adviser the most efficient way to arrange...

The main purpose of Life Assurance is to provide money for those people who may depend on you financially, in the event that something should happen to you. These people could include family members or business...

It can provide the reassurance of financial protection for you, your family and your business associates.

Cash flow modelling, in its simplest form, is the process of assessing your current and forecasted wealth, along with inflows (income) and outflows (expenditure), to enable a picture to be created of your finances both now and in the future.

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Inheritance Tax

Inheritance Tax (IHT)

The IHT threshold is currently £325,000 (2018/2019) and many people are still getting caught in the trap of property inheritance tax as the threshold has not kept pace with the inflation of property prices, and so is affecting more and more people.

There is also an additional ‘main residence’ allowance which applies if a person’s home is given to their children (including adopted, foster or stepchildren) or grandchildren. This is set at £125,000 (2018/2019) and is added to the IHT threshold providing a total allowance of £450,000 (2018/2019).

When a relative dies and leaves an estate worth more than £325,000 (2018/2019) or £450,000 (2018/2019) if the ‘main residence’ allowance applies, families are required to pay tax on a proportion of the money and property left to them within six months. After that, they are charged interest at a rate of 3% (2018/2019).

However, there are ways to lessen the burden of property IHT.

When you die, it is likely that you would wish to leave as much as possible for your loved ones. Unfortunately this is often not as simple as you might believe. HM Revenue and Customs (HMRC) will apply 40% tax to the value of your estate over and above that of the current threshold.

No IHT is applicable if the estate is being passed to a spouse, as the law sees your property as one estate together, unless there is a will stating otherwise, so nothing is being passed from one to another, it is merely no longer held jointly.

Your estate could include more than you originally realise. It is often easy to dismiss IHT as something that may not affect you as your property may not be over, or much over, the IHT threshold. However with all your other assets, such as investments, life cover, bank accounts, as well as physical property such as cars, furniture and family heirlooms, many estates are considerably over the threshold without the individuals being aware of it.

For assets passed between spouses and civil partners, the nil rate band allowance will pass along with the assets. This gives a couple available allowances (nil rate bands) of up to £650,000 (2018/2019), which increases to £900,000 (2018/2019) with the addition of the ‘main residence’ allowance detailed above.

With effect on and after 21 March 2012, if a person enters into arrangements through which they acquire an interest in excluded property such that the value of their estate is reduced, the reduction will be charged to IHT as if that person had transferred assets of that value directly to a relevant property trust.

The assets settled in the offshore trust will cease to be treated as excluded property and will instead become subject to the relevant property regime.

These provisions will also apply to existing schemes or arrangements entered into before 21 March 2012, but only in relation to periodic charges and exit charges that arise on or after that date.

For further information about the 2017 Budget changes please click here.

INFORMATION IS BASED ON OUR CURRENT UNDERSTANDING OF TAXATION LEGISLATION AND REGULATIONS. ANY LEVELS AND BASES OF, AND RELIEFS FROM TAXATION, ARE SUBJECT TO CHANGE.

TAX TREATMENT IS BASED ON INDIVIDUAL CIRCUMSTANCES AND MAY BE SUBJECT TO CHANGE IN THE FUTURE.

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Inheritance Tax (IHT)

The IHT threshold is currently £325,000 (2018/2019) and many people are still getting caught in the trap of property inheritance tax as the threshold has not kept pace with the inflation of property prices, and so is affecting more and more people.

There is also an additional ‘main residence’ allowance which applies if a person’s home is given to their children (including adopted, foster or stepchildren) or grandchildren. This is set at £125,000 (2018/2019) and is added to the IHT threshold providing a total allowance of £450,000 (2018/2019).

When a relative dies and leaves an estate worth more than £325,000 (2018/2019) or £450,000 (2018/2019) if the ‘main residence’ allowance applies, families are required to pay tax on a proportion of the money and property left to them within six months. After that, they are charged interest at a rate of 3% (2018/2019).

However, there are ways to lessen the burden of property IHT.

When you die, it is likely that you would wish to leave as much as possible for your loved ones. Unfortunately this is often not as simple as you might believe. HM Revenue and Customs (HMRC) will apply 40% tax to the value of your estate over and above that of the current threshold.

No IHT is applicable if the estate is being passed to a spouse, as the law sees your property as one estate together, unless there is a will stating otherwise, so nothing is being passed from one to another, it is merely no longer held jointly.

Your estate could include more than you originally realise. It is often easy to dismiss IHT as something that may not affect you as your property may not be over, or much over, the IHT threshold. However with all your other assets, such as investments, life cover, bank accounts, as well as physical property such as cars, furniture and family heirlooms, many estates are considerably over the threshold without the individuals being aware of it.

For assets passed between spouses and civil partners, the nil rate band allowance will pass along with the assets. This gives a couple available allowances (nil rate bands) of up to £650,000 (2018/2019), which increases to £900,000 (2018/2019) with the addition of the ‘main residence’ allowance detailed above.

With effect on and after 21 March 2012, if a person enters into arrangements through which they acquire an interest in excluded property such that the value of their estate is reduced, the reduction will be charged to IHT as if that person had transferred assets of that value directly to a relevant property trust.

The assets settled in the offshore trust will cease to be treated as excluded property and will instead become subject to the relevant property regime.

These provisions will also apply to existing schemes or arrangements entered into before 21 March 2012, but only in relation to periodic charges and exit charges that arise on or after that date.

For further information about the 2017 Budget changes please click here.

INFORMATION IS BASED ON OUR CURRENT UNDERSTANDING OF TAXATION LEGISLATION AND REGULATIONS. ANY LEVELS AND BASES OF, AND RELIEFS FROM TAXATION, ARE SUBJECT TO CHANGE.

TAX TREATMENT IS BASED ON INDIVIDUAL CIRCUMSTANCES AND MAY BE SUBJECT TO CHANGE IN THE FUTURE.

GENERAL ENQUIRY FORM

Marketing Information

Submit your Information

From time to time, we would like to contact you with details about our services, products, business updates and events. If you consent to us contacting you for this purpose please tick to say how you would like us to contact you:

How should we contact you?

Email

Telephone

Post

Yes please, I'd like to hear about offers and services.

No thanks, I don't want to hear about offers and services.

Please tick this box to confirm you have read and understood our privacy policy.

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Client Testimonials

My wife and I have been clients of the firm for at least twenty five years. We have always valued the advice which we have been given and have appreciated the way financial matters have been carefully explained to us. At all times we have found them readily approachable.

Mr & Mrs D, Worcs

My first encounter with Ellaby-Pollard was back in the 1990's when we were grappling with the complexities of a "self-administered" company-based, pension scheme, alongside a whole range of employee schemes. I was impressed with the time and effort that Ellaby Pollard put into the work and the high level of support and dedication that went with it. As a result of this, I chose to move my personal pension scheme (SIPP) to EP and, more recently, all my other equity investments too, so that they would be managed under one roof.

Mr R, Cheltenham

I have been advised by Ellaby Pollard for many years now. At all times I have appreciated their professionalism and proactive help. Most of all, I have valued their ability to set out options and advice in clear and intelligible terms.

Mr P, Thames Valley

I have made use of Ellaby Pollard’s financial services for over 20 years now and have always found their advice to be helpful, factual and explained in a way that non-financial customers like me can understand. Their new website is another example of how they are trying to demystify the myriad of financial rules and regulations to provide fair and impartial advice to help me plan for a successful and financially secure retirement.

Mr L, Oxford

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Our Areas Of Expertise

Financial Planning

Professional Financial Planning is the process which aims to help you realise your ambitions - whatever they may be. As professional financial advisers, we can help you make informed decisions about your financial future; short, medium and long term.

Retirement Planning

When you retire you still need food and shelter as an absolute minimum, but of course you will want to maintain the lifestyle to which you have become accustomed, so unless you can guarantee a large inheritance, you need to provide yourself with a secure income for the rest of your life.

Corporate Planning

We believe you should be able to spend time in your business doing what you do best. We know you can worry about company financial planning issues so, passing these concerns to us, enables us to use our skills to assist you

Savings & Investments

Often, people save for a specific reason and it's usually the safest way to build up a pot of money. It’s less risky than investing, but it offers limited growth. The most you'll earn on the money you save is the interest added.

Taxation

Most of us face being taxed on our income, our capital gains, and in some circumstances the value of our estate when we die.Taxation can be very complicated and the rules, reliefs and allowances often change, so it is worth obtaining a clear grasp of how these taxes work by discussing with a professional adviser the most efficient way to arrange your finances.

Protection

The main purpose of Life Assurance is to provide money for those people who may depend on you financially, in the event that something should happen to you. These people could include family members or business partners.

Cash Flow Modelling

Cash flow modelling, in its simplest form, is the process of assessing your current and forecasted wealth, along with inflows (income) and outflows (expenditure), to enable a picture to be created of your finances both now and in the future.